MasterClassTM

Capital Roundtable

Marquee Sponsor

Contributing Sponsor

Association Partners

Data Partners

Partial List of
Past Attendees

Able Strangers
Advantage Capital
Akeida Capital
Alignment Holdings
A Ridge Capital
Altus Capital Partners
Amerra Capital
Anagenesis Capital
Arbiter Partners
Arrowpoint Partners
Balance Point Capital
Boathouse Capital
Brock Capital Group
Brookside Mezzanine
Capital Southwest
CapitalSpring
Cockrell Interests
CohnReznick
Cortland Capital Market Services
Credit Suisse Asset
Enterprise Center
FBR & Co.
Fidus Investment
Founders Equity
Fulham & Co.
Gerson Lehrman
Gores Holdings
Gotham Orient
Grand Crossing
Heritage Group
International Finance
JumpStart
Kian Capital Partners
Kidd & Co.
Locke Lord
Magna Management
McGuireWoods
Medley Management
Meridian Investments
Merit Advisors
Monroe Capital
MVP Capital Partners
NewSpring Capital
Next Point
OFS Capital
Patriot Capital
PEF Services
Pepper Hamilton
Pine Street Capital
Plexus Capital
RCP Advisors
RF Investment
RSM US
SJF Ventures
Small Business Investor Alliance
Spring Capital
Staebler Associates
Star Mountain Capital
Stonebridge Partners
Sullivan & Cromwell
TD Bank NA
THL Credit Advisors
Triangle Capital
U&S Services
U. S. Small Business Administration
USA Funds
Valesco Industries
VRC | Valuation Research Corporation
Wedgewood Investment Group
Westminster Capital

 

































 

 

Managing SBICs at a Time

Of Political Change
& New Investor Interest

 

Best Practices for Launching
& Managing an SBIC

 

                     

CHAIRED BY

Carleton “Cully” L. Olmanson

Partner

GMB Mezzanine Capital

 

FULL-DAY CONFERENCE

Thursday, March 23, 2017

8:00 am – 5:00 pm

New York City

 

REGISTER NOW

 

MARQUEE SPONSOR
Jenner & Block LLP

Alan Roth, Partner

 

CONTRIBUTING SPONSOR

CohnReznick LLP
Christopher G. Aroh, Partner

 

INSIGHTS FROM 20 EXPERT SPEAKERS!

Faraz Abbasi, Centerfield Capital Partners LP

Christopher G. Aroh, CohnReznick LLP

Robert Castillo, Invision Capital

Jonathan R. Collett, CohnReznick LLP

Michael Donadieu, U. S. Small Business Administration

Michael A. G. Korengold, Enhanced Capital Group LLC

Olga A. Loy, Jenner & Block LLP

Brett T. Palmer, Small Business Investor Alliance

Michael S. Parilla, Maranon Capital LP
Tim Rafalovich, Wells Fargo Bank NA
Alan B. Roth, Jenner & Block LLP

Peter E. Rothschild, RF Investment Partners LLC

Michele J. Schimpp, U. S. Small Business Administration

Corey L. Sclar, Brookside Mezzanine Partners

Joseph B. Sindelar, CrossBay Capital Partners LLC

Arthur A. Spivey, U. S. Small Business Administration

James B. Upchurch, Caltius Capital Management LP

Jeffrey M. Walters, LaSalle Capital

Barry Wides, U. S. Department of the Treasury


Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

Since Linda McMahon, co-founder of World Wrestling Entertainment, was confirmed as head of the Small Business Administration (SBA) in the Trump administration, speculation has mounted about what changes may come to the agency’s small business investment company (SBIC) program.

 

The SBIC program is famous for being the federal government’s most successful job creation program.  It works by providing leverage to back private capital for growing companies. SBA funding for SBICs rose 10 percent to a record $26 billion in fiscal year 2016. And the program has become more attractive since the limit on SBA leverage on family of fund sizes was raised to $350 million.

 

Will the new administration support further expansion of the financing program? Will it speed up the licensing process, which many fund sponsors find laborious?

 

Register now to gain valuable insight as our panelists assess the outlook for SBICs when you attend The Capital Roundtable’s all-day conference on “Best Practices for Launching and Managing an SBIC” on Thursday, March 23, 2017 in New York City.

 

Obtaining an SBIC license can be a complicated process and the SBA imposes restrictions, so investors need to know the ins and outs -- and the pros and cons -- of seeking SBIC funding. Especially because some regulations can limit and shape the kinds of investments that are made.

 

At this conference, you’ll hear seasoned SBIC investors share the mistakes they’ve made and the lessons they’ve learned.

 

Register Now to hear our 20 speakers cover topics such as --

  • What are the most compelling reasons to organize a fund as an SBIC as opposed to a non-leveraged fund?
  • How much time does it take to obtain a license and is that improving?
  • What are the key selling points to the SBA for new applicants? What’s their ideal candidate?
  • What are the most common mistakes made in the application process?
  • What do you need to know about restrictions on fees that could affect your decision whether to form an SBIC?
  • Should you use a placement agent?
  • How likely are post-crisis regulations prompting banks and insurers to invest more in SBICs?
  • How is the Community Reinvestment Act shaping the needs of banks when they seek out SBICs?
  • What do you need to know about SBIC regulations that can affect your investments strategy?
  • What are the cash flow needs to service SBA debt?
  • What are SBA valuation rules?
  • What are the concentration restrictions?
  • What are the limitations on foreign assets?
  • What kinds of companies are best suited for SBIC investments?

Here Are Three Big Reasons Why You Should Join Us

 

  1. Hear from SBIC managers and advisers who deal regularly with the SBA.
  2. Hear why more banks and insurers are investing in SBICs and how to attract them.
  3. Learn the key selling points -- and common pitfalls -- in making an application for an SBIC license.

Click here to receive our best rate -- a savings of $400 on our regular conference rates!

 

Register Now to Join Carleton “Cully” Olmanson,

And 20 Other Industry Experts


Carleton “Cully” L. Olmanson is a partner and founder of Minneapolis-based GMB, which provides financing to lower middle-market companies. In May 2016, the Small Business Administration selected GMB as the SBIC of the Year, recognizing the overall superior performance of its funds.

 

Before forming GMB, he spent 19 years at U.S. Bank, rising to senior vice president and division manager, where he focused on middle-market leveraged lending. He was also responsible for originating and managing a portfolio of investments in private equity funds and for select mezzanine and equity investments. He earned a bachelor’s degree and an MBA from the University of Minnesota.


Here Are Three More Reasons You Should Join Us


  1. Get tips from experienced SBIC managers on how to shape your portfolio for the best returns while complying with SBA regulations.
  2. Learn what differentiates the best SIBCs from the rest.
  3. Get insight directly from the administrators of the SBA and SBIC.

Register Now to Put Today’s Best Practices
To Work for Your SBIC

 

This Capital Roundtable conference is the ideal place to expand your network and open up pathways to future deals. The day’s agenda includes ample time to let you --

  • Meet fellow attendees and featured speakers
  • Enhance your personal database with valuable new connections
  • Share both ideas and business cards
  • Meet potential investment partners and clients

Keep in mind this conference is certain to fill up quickly, so you’ll want to register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Sarah Burd today to confirm your attendance at 212-832-7300 ext. 0 or sburd@capitalroundtable.com.



 

 Who Should Attend

 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, BDC, and Lending Funds, as Well as Independent Sponsors, Operating Partners, Portfolio Company Managers, and the Bankers, Lawyers, Accountants,
& Other Advisors Who Support Them.

 

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We look forward to having you join us on Thursday, March 23.

 

Conference Organizers

 

This conference is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community.  For more information about The Capital Roundtable’s 25 annual conferences and other events and programs, please visit www.capitalroundtable.com.

 

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 Speaking & Business Development Opportunities

 

We offer excellent speaking, marketing, and business development opportunities to reach the middle‑market private equity community. For more details, please contact Maria Magro or Claire Notton at 212-832-7300 or by email at mmagro@capitalroundtable.com or cnotton@capitalroundtable.com.

 

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Have a Question?

 

Please contact Sarah Burd at sburd@capitalroundtable.com or 212-832-7300 ext. 0.

 

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Who We Are

 

This Capital Roundtable conference in midtown, New York City, is all-business, all-targeted, all-designed to be a completely focused day of practical information and revealing insights about SBICs. You’ll gain valuable insights from --

  • Three informative panel discussions
  • Two revealing keynote presentations
  • Real-world perspectives from SBIC company investors
  • Industry outlooks from noted sector experts
  • War stories and lessons learned from experienced hands
  • Intelligence on managing portfolio companies from well-known GPs

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Faculty

Chaired By

  • Carleton “Cully” L. Olmanson, partner, GMB Mezzanine Capital

 

Hosted By

  • Burt Alimansky, Chairman & CEO, The Capital Roundtable

Speakers

  • Faraz Abbasi, Senior Partner, Centerfield Capital Partners LP
  • Christopher G. Aroh, Partner, CohnReznick LLP
  • Robert Castillo, Managing Director, Invision Capital
  • Jonathan R. Collett, Partner, CohnReznick LLP
  • Michael Donadieu, Dir.--Office of SBIC Examinations, U. S. Small Business Administration
  • Michael A. G. Korengold, President & CEO, Enhanced Capital Group LLC
  • Olga A. Loy, Partner, Jenner & Block LLP
  • Brett T. Palmer, President, Small Business Investor Alliance
  • Michael S. Parilla, Managing Director, CFO & CCO, Maranon Capital LP
  • Tim Rafalovich, Senior Vice President, Wells Fargo Bank NA
  • Alan B. Roth, Partner, Jenner & Block LLP
  • Peter E. Rothschild, Managing Partner, RF Investment Partners LLC
  • Michele J. Schimpp, Deputy Associate Administrator, U. S. Small Business Administration
  • Corey L. Sclar, Managing Partner, Brookside Mezzanine Partners
  • Joseph B. Sindelar, Managing Partner, CrossBay Capital Partners LLC
  • Arthur A. Spivey, Chief--Licensing, U. S. Small Business Administration
  • James B. Upchurch, President & CEO, Caltius Capital Management LP
  • Jeffrey M. Walters, Partner, LaSalle Capital
  • Barry Wides, Deputy Comptroller--Community Affairs, U. S. Department of the Treasury

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Schedule

 

   

7:30-08:30

Networking & Registration & Breakfast

08:30-09:00

Welcoming Remarks & Audience Self-Introductions

09:00-09:30

Conference Chairman’s Introduction--

  • Cully Olmanson, GMB Mezzanine Capital

09:30-10:00

Morning Interview --

 

 

10:00-11:00

First Panel --

“Starting an SBIC? --
How to Master the Challenge of Obtaining a License”

11:00-11:45

Networking & Coffee

11:45-12:30

Morning Conversation --

“The Trumpification of the Regulatory Landscape --
Will the New Administration Expand the SBIC Program?”

 

12:30-01:30

Networking & Luncheon  

01:30-02:30

Second Panel -- 

“Raising Capital for an SBIC --
How to Identify Likely Candidates -- Commercial & Community Banks, Insurance Companies, & Other Potential LPs”

 

02:30-02:45

Networking & Dessert

02:45-03:30

Afternoon Conversation -- 

“Taxes -- An SBIC Primer, Plus Mezzanine Issues & Potential Changes”

 


03:30-04:30

Third Panel -- 

“Fund Administration --
Tackle Internally or Outsource to an Outside Specialist?”

04:30

Networking & Adjournment

  

 


  

 

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Registration

Space at this conference is limited, so register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Sarah Burd today to confirm your attendance at 212-832-7300 ext. 0 or sburd@capitalroundtable.com.

 

Please note that The Capital Roundtable limits the number of registrants from a single firm to three.

 

  • Best Rate -- Early Registration -- Save $400 off the standard fee of $1495 when you register by Friday, January 27. Just $1095.

 

  • Incentive Registration -- save $200 off the standard fee!
    Register by Friday, February 17, and the fee for the conference is $1295.

 

  • Conference Rate -- $1,495 increasing to $1,595 day of conference, space permitting.

 

  • Group Rate -- $995 each, when you register two or more people to attend from the same company.

 

Register Now

 

You can pay by credit card (using the links above) or by check. Mail your check and business card to: The Capital Roundtable, 747 Third Avenue, Suite 200, New York, NY 10017.

Have a special question? Please contact Sarah Burd at sburd@capitalroundtable.com or 212-832-7300 ext 0.

 

From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

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Location

  • Midtown, NYC

    Details provided upon registration

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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Sponsorships

We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton at 212-832-7300 ext.117, or by email at cnotton@capitalroundtable.com.

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